Call reports 2004
ADRIAN STATE BANK — 2004
What ADRIAN STATE BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 27,512,000 | 27,120,000 | 28,563,000 | 28,827,000 |
| Total loans | 13,395,000 | 14,645,000 | 14,963,000 | 15,376,000 |
| Allowance for loan losses | 193,000 | 120,000 | 91,000 | 90,000 |
| Securities available for sale | 10,034,000 | 9,385,000 | 9,645,000 | 9,373,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 23,980,000 | 23,138,000 | 25,043,000 | 25,386,000 |
| Interest-bearing deposits | 21,037,000 | 20,514,000 | 21,803,000 | 20,918,000 |
| Noninterest-bearing deposits | 2,943,000 | 2,624,000 | 3,240,000 | 4,468,000 |
| Equity capital | 3,159,000 | 2,981,000 | 3,125,000 | 3,107,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 338,000 | 637,000 | 965,000 | 1,309,000 |
| Interest expense | 103,000 | 197,000 | 284,000 | 374,000 |
| Net interest income | 235,000 | 440,000 | 681,000 | 935,000 |
| Noninterest income | 21,000 | 58,000 | 77,000 | 77,000 |
| Noninterest expense | 200,000 | 390,000 | 594,000 | 800,000 |
| Provision for loan losses | 1,000 | 6,000 | 36,000 | 51,000 |
| Pretax income | 55,000 | 102,000 | 129,000 | 172,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 55,000 | 102,000 | 129,000 | 172,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,986,000 | 3,009,000 | 3,036,000 | 3,080,000 |
| Total capital | 3,179,000 | 3,129,000 | 3,127,000 | 3,170,000 |
| Risk-weighted assets | 16,357,000 | 17,137,000 | 17,134,000 | 17,427,000 |